Search results for "DL"
2026-04-01
13:32

NYSE-listed miner Cango completes a $65 million strategic financing round and reaches a $10 million convertible bond financing agreement with DL Holdings

Cango Inc. completes a $65 million strategic investment, issues 49,242,424 shares of common stock to members of the board of directors, and signs a securities purchase agreement with DL Holdings to issue a $10 million convertible note and warrants for acquisitions and infrastructure expansion. The two sides also sign a memorandum of understanding, planning to make further investments in the crypto and AI sectors.
More
BTC-0,2%
03:17

Standard Chartered Bank predicts: Ethereum will reach $40,000 by 2030

PANews January 13 News, according to DL News, Standard Chartered Bank predicted in a research report released on January 12 that weaker-than-expected Bitcoin performance will give Ethereum the opportunity to surpass Bitcoin and reach $40,000 by 2030. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated: “2026 will be the year of Ethereum, just like 2021. The improved outlook for Ethereum relative to Bitcoin means that the price ratio between these two assets could return to the highs of 2021.” The bank stated that, compared to Bitcoin, investments through ETFs and digital asset vaults have a smaller impact on Ethereum’s price performance. Even so, despite the overall weakening of capital flows into cryptocurrency ETFs, their positive impact on Ethereum currently exceeds that on Bitcoin. Additionally, Ethereum developers are working to achieve in the next two to three years
More
ETH0,34%
BTC-0,2%
12:19

Russia's Sberbank issues cryptocurrency collateral loan to Bitcoin mining company Intelion Data

PANews December 28 News, according to DL News, Russia's largest bank Sberbank has issued the country's first cryptocurrency-backed loan to Bitcoin mining company Intelion Data. The transaction is described as a "pilot," with the loan amount, term, and specific collateral cryptocurrency not disclosed. Russia's Sberbank hinted that similar loans may be issued in the future and stated that its self-developed cryptocurrency custody solution Rutoken was used during the loan process, aiming to ensure the security of assets during the loan period.
BTC-0,2%
01:39
1

PayPal stablecoin's market cap to reach $4 billion, driven by DeFi protocols

ChainCatcher news, according to a report by DL News, the circulation of PayPal’s stablecoin PYUSD has surged 224% since September, surpassing $3.8 billion and becoming the sixth-largest stablecoin. DeFi protocol Ethena has become the largest holder of PYUSD, holding $1.2 billion through the custodian Copper. PayPal, in cooperation with liquidity management firm Sentora, provides incentives on the decentralized exchange Curve Finance and subsidizes DeFi protocol user yields. Solana lending protocol Kamino currently offers nearly 6% annual yield for PYUSD lending, part of which is subsidized by PayPal. In the past three months, PYUSD’s scale on Solana has grown from 2.5
More
PYUSD0,02%
15:41
12

Russian prosecutors apply to seize nearly $30 million in assets from former investigator involved in WEX "cryptocurrency bribery" case

PANews, December 3—According to DL News, Russian prosecutors are seeking to confiscate a large amount of luxury assets from fugitive secret service official Georgy Satyukov. He is accused of accepting bribes worth $184 million in Bitcoin and $30 million in Ethereum from operators of the now-defunct WEX cryptocurrency exchange. Investigators have identified assets worth $29.6 million allegedly linked to Satyukov's bribery case. Prosecutors claim Satyukov used illicit funds to purchase 13 Russian apartments, several non-residential properties in St. Petersburg, a villa in the UAE, and a million-dollar property in Saratov registered under his brother's name. The investigation also found two Porsche Cayenne Turbos registered to him, seven Patek Philippe watches, and other jewelry with a total value exceeding $1.3 million. His family’s bank accounts still hold over $15 million in cash and
More
BTC-0,2%
ETH0,34%
06:09

By 2025, investment institutions have invested nearly $25 billion in encryption companies, far exceeding market expectations.

BlockBeats news, on November 29, according to DL News, investment institutions have invested nearly $25 billion in encryption companies in 2025, exceeding last year's scale by over 150%, far surpassing market expectations. This year, leading institutions involved in transactions include tech-focused Paradigm and Sequoia Capital, as well as Wall Street giants BlackRock, JPMorgan, and Goldman Sachs. According to DefiLlama data, the hottest tracks are: centralized trading platforms (raising $4.4 billion), prediction markets (raising $3.2 billion), and DeFi platforms (raising $2.9 billion). Jordan Knecht, head of institutional strategy at blockchain service company GlobalStake, pointed out: "Current projects attracting capital must meet regulatory transparency, operational resilience, and be able to connect with Financial Institutions and their benchmarks."
More
09:43

Opinion: XRP may soar by 65%, driven by the ETF craze and clearer regulations boosting institutional demand.

XRP has once again become the focus of the crypto market. Industry insider Lawrence Samantha stated that with Wall Street launching several new products linked to XRP, the market capitalization of XRP, which reaches 133 billion dollars, is迎来结构性拐点, expected to rise by 65%, moving towards historical highs. Samantha pointed out in an interview with DL News: "XRP clearly has a path for significant rise, and this trend proves that its market structure is undergoing a transformation. As financial institutions accelerate their involvement in XRP, we believe it has the potential to return to historical highs." He further added that the inflow of funds, improved regulatory clarity, and the launch of multiple spot ETFs all demonstrate "exceptionally strong institutional demand."
More
XRP-0,81%
BTC-0,2%
ETH0,34%
02:07

Vitalik: If BlackRock continues to scale, Ethereum will face a threat.

According to ChainCatcher news reported by DL News, Ethereum founder Vitalik Buterin warned at the Devconnect conference in Buenos Aires that if institutions like BlackRock continue to accumulate ETH, Ethereum will face two major survival threats. Currently, nine companies on Wall Street hold over 18 billion USD ETH, and analysts predict that institutional holdings may exceed 10% of the total supply of Ethereum. Vitalik pointed out two major risks: Threat 1: Expelling core developers, institutional dominance will alienate the builders who truly care about decentralization, and the core community may be lost. Threat 2: Incorrect technology choices, institutional pressure may drive improper technology decisions, such as a 150 millisecond block time which benefits high-frequency trading but makes it impossible for ordinary users to run nodes, resulting in geographical centralization. Vitalik emphasizes the solution party
More
ETH0,34%
11:32

BlackRock Bitcoin ETF saw a single-day outflow of $523 million, with US Bitcoin ETF assets shrinking by $3 billion in November.

According to DL News, investors from BlackRock are dumping their Bitcoin. On Tuesday, clients of the asset management giant's flagship fund, the iShares Bitcoin Trust, withdrew $523 million. BlackRock is not alone: Data from DefiLlama shows that U.S. spot Bitcoin exchange-traded funds (ETFs) have evaporated $3 billion so far in November, approaching the $3.5 billion plunge in February.
More
BTC-0,2%
03:28

Aerodrome launches a new protocol and token, intending to challenge Uniswap's position.

ChainCatcher news, according to DL News, Aerodrome developer Dromos Labs will launch a new protocol Aero and its token in the second quarter of 2026, aimed at replacing Uniswap to dominate the Ethereum ecosystem. The new protocol Aero will simplify the cross-blockchain token exchange process, allowing traders to perform cross-chain transactions with just one click through built-in bridging technology. Aero will also enhance incentives for attracting traders and liquidity providers by providing additional revenue sources like MEV and distributing them to Aero token holders, enabling Aero to offer better prices for crypto traders compared to competitors. Previously, Dromos Labs CEO Alexander Cutler said in
More
AERO5,57%
UNI-0,66%
ETH0,34%